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Found 1 result

  1. Hi Guys, I need to know some information, as bank loans gets quite a bit of time and so much of documentation to complete, i need to know the difference between Lease, hire purchase and finance. I want to buy a car (2nd hand) and i cannot go thru the bank loan process since i dont have much free time, i know you cant lease a used car, so only option is hire purchase of finance, but most probably i might change the car by next april. if i go for hire purchase of fianance, can i settle the balance amount and change the car or do i have to pay the whole interest to sell the car. Appreciate your help. Thanks Prasa
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